The Financial Pipeline

Welcome to the Financial Pipeline Bond Page!

Bonds are "fixed income" investments that have a fixed interest rate or coupon, payable on the principal amount, usually $100. There are many different types of fixed income investments: bonds, mid-term notes, debentures, mortgages, asset-backed securities, savings bonds, Guaranteed Investment Contracts (GICs), and Certificates of Deposits (CDs).


All fixed income investments are "evidences of indebtedness" which represent a loan or debt between the issuer and the owner of the security. As such, these are the "senior" securities of the issuer and receive priority in a bankruptcy situation. This means that if the issuer defaults or goes bankrupt the debtholders will receive any monies available before the equity investors.

To learn more, click on the "Bar of Knowlege".

Related Articles


Canadian Bond Market Commentary

A Canadian Bond Market commentary as provided by E-Bond.ca. E-Bond Ltd. is an independent brokerage/investment firm established in 1998 with its goal of being Canada's best cost effective on line discount bond broker.


Fiscal Policy

A discussion explaining its reference to the expenditure a government undertakes to provide goods and services and to the way in which the government finances these expenditures.


Types Of Bonds

Learn about the many types of bonds of many different issuers.


How Bonds Trade

Learn how bond trades from a bond professional.


Bond Spreads

An explanation of "bond spreads", a useful calculation used to compare different bonds.


Valuing Bonds

Find out how the values of bonds are determined.


Bond Characteristics

The different characteristics and features of bonds are explained.


Bond Management Strategies

Learn about the three major bond management strategies.


Why Interest Rates Change

When interest rates change, it is the result of many complex factors.


Interest Rate Components

There are many components to interest rates, each reflecting a form of compensation to the lender.


Forecasting Interest Rates

The difficult task of forecasting interest rates is discussed.


Credit Ratings and Analysis

Establishing the creditworthiness of borrowers is one of the oldest established financial activities known.

The Financial Pipeline Homepage